Breaking
1 million shekels with no collateral: new fund opened today for businesses
Discount Bank announced a new credit line for northern businesses with loans of up to 1 million shekels with no collateral. However, this is banking credit, not a grant; interest is determined by the business's condition, and non-Discount Bank customers will be required to transfer at least 25,000 shekels in monthly activity to the bank
· Source: Srugim. Photo as published in article
Discount Bank announced a new credit line for northern businesses with loans of up to 1 million shekels with no collateral. However, this is banking credit, not a grant; interest is determined by the business's condition, and non-Discount Bank customers will be required to transfer at least 25,000 shekels in monthly activity to the bank
